Sypris Receives 2015 Supplier Excellence Award

Performance on Northrop Grumman F-35 Joint Strike Fighter Program

TAMPA, Fla.--()--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today it has received the 2015 Northrop Grumman Supplier Excellence Award for its manufacturing and related engineering support of the F-35 Joint Strike Fighter program. Sypris Electronics was one of 24 companies selected to receive the award out of 5,600 Northrop Grumman Information Systems suppliers.

The Supplier Recognition Program acknowledges suppliers that continuously provide outstanding support to Northrop Grumman and its Information Systems sector. Candidates are evaluated based on five categories: schedule, management, technical, financial and quality.

“Northrop Grumman congratulates Sypris Electronics as a 2015 Supplier Excellence Award winner,” said Cynthia Hyland, Vice President, Global Supply Chain. “Their contributions are extremely valuable to Northrop Grumman and the critical mission of our Joint Strike Fighter customer.”

“We have been involved in the manufacturing and test of various high-end electronics for the Joint Strike Fighter program with Northrop Grumman for many years,” said Jim Long, Vice President of Electronic Manufacturing Services for Sypris Electronics. “This award confirms our dedication and commitment to providing outstanding service and technical support for critical programs and strategic partners.”

"Our team appreciates this prestigious award in recognition of our hard work and dedication to supporting Northrop Grumman, our nation and the war fighter on the Joint Strike Fighter program,” stated John Walsh, President of Sypris Electronics. “We are committed to continuous improvement and dedication in supporting Northrop Grumman on this and all other programs."

Sypris is a global, integrated security solutions provider serving the Government and Commercial sectors. Sypris is well known for leadership in cryptography, key management, identity authentication and access management, cyber security operations, and associated professional services. Sypris promotes an agile, innovative culture and state-of-the-art solution sets by strategically partnering with leading‐edge technology companies, agencies and universities. With 50 years of experience, Sypris is proud to develop, manufacture and integrate leading technologies that secure our global partners’ interests. For more information, please visit www.sypriselectronics.com.

This press release contains "forward-looking" statements within the meaning of federal securities laws. Actual results could differ materially from those projected in such forward-looking statements as a result of certain risk factors, including but not limited to those risk factors set forth in the Annual Report on Form 10-K, dated and filed March 31, 2015 with the Securities and Exchange Commission (SEC) by our parent company, Sypris Solutions, Inc. and other filings that Sypris makes with the SEC from time to time.

Contacts

Sypris Electronics, LLC
Michelle Long, 813-972-6202

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Contacts

Sypris Electronics, LLC
Michelle Long, 813-972-6202